Twitter has just announced that starting today, people can apply to be among the first to try its new Ticketed Spaces and Super Follows features. This was bound to happen, as news about Twitter's efforts to monetize its platform via such features emerged a few weeks ago.
The first of the two new monetization features introduced today, Ticketed Spaces helps Twitter users earn money from exclusive audio experiences in Twitter Spaces. The money will come from tickets that Twitter users can sell to their audiences. The feature allows creators to set the ticket price, which can be as low as $1 and as high as $999.
Also, the new feature lets users invite as many people to their Ticketed Space as they wish. Promoting Ticketed Spaces can be done via push and in-app notifications sent directly to Twitter users' devices, as well as via the app's Home Timeline.
Moving on to Super Follows, this is meant to provide those with larger audiences on Twitter with a monthly revenue. To convince their audiences to pay a monthly subscription, creators will have to come up with a set of benefits subscribers will receive. Twitter revealed that the monthly subscription can be customized, as users can choose from price points of $2.99, $4.99, or $9.99 per month.
Now, as far as the revenue share goes, Twitter announced that those using these new features can earn up to 97% of the revenue from Spaces ticket purchases and Super Follows subscriptions (after platform fees on in-app purchases, up to $50,000 in lifetime earnings).
After someone exceeds $50,000 in lifetime earnings on both monetization products, Twitter's share will increase to up to 20% of future earnings.
Those who'd like to try these two new features can do so starting today by applying for Ticketed Spaces (iOS and Android) and Super Follows (iOS only). As expected, applications are only opened to people in the United States. To apply, simply open Twitter and navigate to the sidebar, then tap Monetization to see if you’re eligible.
Cosmin, a tech journalist with a career spanning over a decade, brings a wealth of experience to PhoneArena. His expertise lies in brands like Samsung and Nokia, and he has a keen interest in innovative technologies. After a brief stint in PR, Cosmin returned to tech journalism in 2016, committed to delivering clear and objective news. When he's not writing or appearing as a guest on TV and radio shows, Cosmin enjoys playing RPGs, watching Netflix, and nurturing his passion for history and travel.
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